615 N ARROWHEAD Drive, Chandler, AZ 85224

$920,000
Property Type: Multiple Dwellings Bedrooms: 8 Baths: 4 Status: Closed
Current Price: $920,000 List Date: 10/11/2024 Last Modified: 12/17/2024

Overview

Description

4 units- 2Br/1 Ba-single level**Each unit has covered patio surrounded w/block wall, storage/laundry room of patio** Most tenants have been in several years** Well maintained, block construction/stucco building sitting on large, deep lot with assigned covered parking plus extra-also parking on street permitted **Roof was resurfaced in 2013 **3 HVAC units are under 2 yrs old, one is older**Water heaters are 4 to 6 yrs old**Tile flooring in 4 units , **The Unit #1 is about 50 sq ft larger than other 3 , has Fireplace, **Tenants pay electric, owner pays water/sewer/trash **Excellent location: few blocks away from large Arrowhead park w/pool, picnic areas, sport fields**Shopping, restaurants, lake -less than 1 mile, frwys 101 and 202- about 2 miles *** This building has 3678 Sq Ft livable

Listing Details MLS# 6768933

Location, Tax & Legal

House Number
615
Compass
N
Street Name
ARROWHEAD
St Suffix
Drive
City/Town Code
Chandler
State/Province
AZ
Zip Code
85224
Zip4
3579
Country
US
County Code
Maricopa
Subdivision
COLONIA GRANADA UNIT 5
Assessor Number
302-48-806
Tax Year
2023

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
199.82' x 60.81'
Year Built
1982
Total # of Units
4
# of Buildings
Yes
Zoning
MF-2
Flood Zone
No
Elementary School District
Chandler Unified District
High School District
Chandler Unified District
Elementary School
Erie Elementary School
Jr. High School
John M Andersen Jr High School
High School
Chandler High School

Remarks Misc

Cross Street
Dobson/Ray
Directions
East on Ray, S. on Arrowhead to 615. (2nd building N. of Galveston)

Status Change Info

Off Market Date
2024-10-15
Under Contract Date
2024-10-13
Close of Escrow Date
2024-12-16

Legal Info

Township
1S
Range
5E
Section
29
Lot Number
128

More Information

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
1440
Avg SqFt
919
# Baths
Yes

Structure

Bedrooms Total
8
Bathrooms Total
4

Income Expenses

Gross Annual Sch Inc
62400
Net Operating Income
52096

Showing Notification Methods

Showing Service
Aligned Showings

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession to Buyer
5000
Seller Concession $/%
$

Property Features

Project Type: Four Plex Construction: Block; Wood Frame Const - Finish: Painted; Stucco Roofing: Tile; Rolled Floors: Ceramic Tile Sale Includes: Land & Building; Other (See Remarks) Community Features: No Pool Exterior Amenities: Partially Fenced; Cable TV Available; Sidewalk(s); Separate Storage Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; W/D Hookup Heating: Ceiling; Individual Cooling: Ceiling Fan(s); Electric; Individual Water Source: City Franchise; Master Meter Sewer: Sewer - Public; Sewer-In & Connected Electric: SRP; Individual Meter Gas: None Parking Features: Carport; 1 Space/Unit; Add'l Parking Avail; Assigned; Paved Road Access Type: Alley Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Owner Showing Notification Methods: Phone Call Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable New Financing: Cash; VA; FHA; Conventional Environmental: None
IDX
Listing Office: West USA Realty
Office Phone: 602-942-4200
Office Email: Duane@westusarealty.com
Last Updated: December - 17 - 2024
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